Contract award notice
Results of the procurement procedure
Section I: Contracting
entity
I.1) Name and addresses
Pool Re Services Limited
Equitable House, 47 King William St
London
EC4R 9AF
UK
Contact person: Commercial Services
E-mail: commercialservices@poolre.co.uk
NUTS: UKI
Internet address(es)
Main address: www.poolre.co.uk
I.4) Type of the contracting authority
Body governed by public law
I.5) Main activity
Economic and financial affairs
Section II: Object
II.1) Scope of the procurement
II.1.1) Title
1
Reference number: PRE00075
II.1.2) Main CPV code
66518000
II.1.3) Type of contract
Services
II.1.4) Short description
Pool Re is appointing a broker for the provision of Insurance Brokerage services.
The Broker will have the requisite subject matter and market knowledge of the insurance services sector to lead in placing Pool Re’s insurance policies with insurance providers.
Pool Re requires cover to be placed across a range of insurance policies to include:
Professional Indemnity
Directors and Officers’ Insurance
Crime
Cyber
Commercial Combined
II.1.6) Information about lots
This contract is divided into lots:
No
II.1.7) Total value of the procurement
Value excluding VAT:
453 191.00
GBP
II.2) Description
II.2.3) Place of performance
NUTS code:
UKI
II.2.4) Description of the procurement
Pool Re is appointing a broker for the provision of Insurance Brokerage services.
The Broker will have the requisite subject matter and market knowledge of the insurance services sector to lead in placing Pool Re’s insurance policies with insurance providers.
Pool Re requires cover to be placed across a range of insurance policies to include:
Professional Indemnity
Directors and Officers’ Insurance
Crime
Cyber
Commercial Combined
II.2.5) Award criteria
Price
II.2.11) Information about options
Options:
No
II.2.13) Information about European Union funds
The procurement is related to a project and/or programme financed by European Union funds:
No
Section IV: Procedure
IV.1) Description
IV.1.1) Type of procedure
Open procedure
IV.1.8) Information about Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement:
Yes
IV.2) Administrative information
IV.2.1) Previous publication concerning this procedure
Notice number in the OJ S:
2023/S 000-024444
Section V: Award of contract
Contract No: PRE00075
Title: Corporate Insurance Broker
A contract/lot is awarded:
Yes
V.2 Award of contract
V.2.1) Date of conclusion of the contract
13/02/2024
V.2.2) Information about tenders
Number of tenders received: 2
The contract has been awarded to a group of economic operators:
No
V.2.3) Name and address of the contractor
Marsh Limited
1 TOWER PLACE WEST, TOWER PLACE,
LONDON
EC3R 5BU
UK
NUTS: UKI
The contractor is an SME:
No
V.2.4) Information on value of the contract/lot (excluding VAT)
Total value of the contract/lot:
: 453 191.00
GBP
V.2.5) Information about subcontracting
Section VI: Complementary information
VI.4) Procedures for review
VI.4.1) Review body
Royal Court of Justice
London
WC2A 2LL
UK
VI.5) Date of dispatch of this notice
08/04/2024